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Mergers and Acquisitions News in Nigeria

PetroNor to Acquire Panoro Energy’s Interest in OML 113
10/21/2019 - PetroNor E&P Limited, the independent oil and gas exploration and production company with a focus on production, development and exploration assets across sub-Saharan Africa, is pleased to announce th...
Savannah Petroleum Announces Seven Energy Transaction Update
10/1/2019 - Savannah Petroleum PLC, the British independent oil & gas company focused around activities in Niger and Nigeria, is pleased to provide an update in relation to the Seven Energy Transaction. ...
Receipt of Ministerial Consent for Seven Energy Transaction
8/19/2019 - Savannah Petroleum PLC, the British independent oil & gas company focused around activities in Niger and Nigeria, is pleased to provide an update in relation to the Seven Energy Transaction (the "Tran...
Seven Energy Transaction and Corporate Update
5/31/2019 - Savannah Petroleum PLC, the British independent oil & gas company focused around activities in Niger and Nigeria, is this morning pleased to provide a corporate and operational update as well as an up...
Sanannah Petroleum Provides Update on the Seven Energy Transaction
3/29/2019 - Savannah Petroleum, the British independent oil & gas company focused around activities in Niger and Nigeria, has announced an update on the Seven Energy Transaction. ...
Consortium of Africa Oil, Delonex & Vitol Announces Acquisition in Deepwater Nigeria
10/31/2018 - A consortium led by Vitol and comprising Africa Oil Corp ("Africa Oil") (25%), Delonex Energy Ltd. ("Delonex") (25%) and Vitol Investment Partnership II Ltd. ("Vitol") (50%), (collectively, the "Conso...
Signing of Shareholder Agreement with NGPTC for the ANOH Gas Processing Company
8/13/2018 - Seplat Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange and London Stock Exchanges, announces the signing of the Sharehold...
Resumption of Trading
4/23/2018 - San Leon, the AIM listed company focused on oil and gas development and appraisal in Africa and Europe, received an indicative proposal from Midwestern Oil and Gas on 11 September 2017 for San Leon to...
Brazil's Petrobras to Start Binding Phase to Sell Africa Unit
3/8/2018 - Brazil’s state-controlled oil company Petr?leo Brasileiro SA said on Thursday to start the binding phase in the process to sell 100 percent of subsidiary Petrobras Oil & Gas B.V., according to a secur...
Savannah Provides Corporate & Niger Operational Update
11/15/2017 - Savannah Petroleum has entered into a lock up agreement with, inter alia, Seven, Seven Energy Finance Limited ('SEFL'), certain other subsidiaries of Seven (together, the 'Seven Group') and certain of...
Brazil's Petrobras Announces African Oil Venture Stake Sale
11/7/2017 - Petrobras has initiated the opportunity disclosure stage (“Teaser”) related to the sale of 100% equity interest in Petrobras Oil & Gas B.V. (“POGBV”), a joint venture formed by Petrobras (50%), BTG Pa...
Savannah Petroleum Updates Seven Energy Acquisition
9/1/2017 - On 8 June 2017, Savannah had entered into a binding exclusivity agreement with Seven Energy International Limited in relation to the potential acquisition of substantially all of its oil and gas asset...
Exxon Mobil to Sell 60% Stake in Nigeria Unit to Nipco
10/19/2016 - There are indications that the positive outlook in the downstream sector in Nigeria is attracting mega deals. The latest is the Exxon Mobil Oil Corporation sell off its shares representing 60 percent ...
Oando Signs $115.8m Midstream Agreement with Helios
9/19/2016 - Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, has announced the execution of a definitive ag...
COPL Completes Acquisition of 80% of Essar Nigeria’s Share Capital
9/14/2016 - Canadian Overseas Petroleum Limited (COPL), an international oil and gas exploration and development company focused on offshore West Africa, announces it’s 50% owned affiliate, Shoreline Canadian Ove...
San Leon Completed Mart Arrangement Agreement
4/4/2016 - San Leon Energy Plc, the AIM listed company focused on oil and gas exploration and production in Europe and Africa, announces that, further to its press release of 22 March 2016, the Mart Arrangement ...
San Leon Energy Secures Funding for Mart Arrangement Agreement
3/2/2016 - San Leon Energy Plc, the AIM listed company focused on oil and gas exploration and production in Europe and Africa, announces that it has secured the funds to complete the Mart Resources Inc. Arrangem...
Swiber Acquires Shares in Deltatek Offshore Limited
1/19/2016 - The board of directors of Swiber Holdings Limited and together with its subsidiaries, the “Group”) wishes to announce that Swiber Offshore Construction Pte. Ltd. (“SOCPL”), a wholly-owned subsidiary o...
Mart & Delta Oil Terminate Agreement
12/14/2015 - Mart Resources, Inc announces that, due to prevailing market and industry conditions, Mart and Delta Oil Nigeria B.V. (“Delta”) have mutually agreed to terminate the arrangement agreement dated Octobe...
Mart Resources Denies Sale of Midwestern
10/9/2015 - Mart Resources, Inc announces that, in response to recent reports contained in the Nigerian press, it has not entered into a definitive agreement or transaction regarding a sale of the company to Midw...

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